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bbc.com
Version of AI tool too powerful for public released to public
Claude Fable 5 is a version of Anthropic's Claude Mythos, an AI program which caused a stir among technology, finance, and government leaders
cnbc.com
Trump says U.S. must 'respond' after Iran shoots down helicopter over Hormuz Strait
The latest clash with Iran over the Strait of Hormuz came as President Donald Trump repeated that a deal with Tehran could be reached within days.
cnbc.com
SpaceX IPO explained: The price is set, but retail allocation still up in the air
Charles Schwab, Fidelity, Robinhood, SoFi and Morgan Stanley's E-Trade are among the brokerage platforms making SpaceX shares available.
cnbc.com
Anthropic releases Mythos-like AI model to the public two months after private rollout rocked Wall Street
Anthropic said the broad release is possible because of new safeguards that block responses in specific high-risk areas.
cnbc.com
Rivian is betting on its R2 EV to turn the automaker into a household name like Tesla
The R2 SUV is meant to transform Rivian from a niche EV manufacturer that sells luxury vehicles into a more mainstream brand like U.S. EV leader Tesla.
cnbc.com
Jeffrey Epstein's former assistant Lesley Groff interviewed by House panel
Groff worked for Epstein for nearly 20 years, and her name appears more than 150,000 times in the Epstein files released by the Department of Justice.
theguardian.com
UK’s biggest retailers urge government to act on youth unemployment
Bosses of M&S, Sainsbury’s and Tesco among those writing to Starmer that the ‘ladder of opportunity’ is wobblingWe would like to hear from young people in the UK about their job-hunting experiencesSome of the UK’s biggest retailers are planning to write to the prime minister urging him to tackle the youth unemployment crisis, with signatories expected to include the bosses of Marks & Spencer, Sainsbury’s and Tesco.Lobby group the British Retail Consortium said it had drafted a letter to Keir Starmer calling for action, and is circulating it among its 200 members, which include all the main UK retailers (with the exception of Games Workshop) as well as smaller shops. The letter is expected to be published on Wednesday. Continue reading...
theguardian.com
Former Burberry boss leads rescue mission for Burleigh Pottery
175-year-old Stoke-on-Trent company says Christopher Bailey’s investment will ensure continued productionChristopher Bailey, the fashion designer who turned the British trenchcoat maker Burberry into a global brand, has acquired the Stoke-on-Trent company Burleigh Pottery along with a small group of private investors.The ceramics company, founded in 1851 and best known for its intricate floral designs, said Bailey’s investment would ensure that production of its cups, saucers and plates could continue without interruption at the city’s Middleport Pottery site. Continue reading...
cnbc.com
Trump repeats claims that Iran deal is only 'days' away, despite recent strikes
Speaking to reporters after attending the NBA Finals in New York, Trump said the two parties are in the final stages of a "very, very good deal".
cnbc.com
Energy Secretary Chris Wright says traffic in Strait of Hormuz is rising 'very meaningfully'
Wright said that describing the volume of oil exports out of Hormuz as increasing is a "fair statement."
theguardian.com
Palantir to sue Sadiq Khan over blocked £50m Met police contract
US spy-tech company to challenge London mayor’s intervention after he raised concerns over breach of procurement rulesPalantir intends to sue the London mayor, Sadiq Khan, after he blocked a contract between the US spy-tech firm and the Metropolitan police.The Met had planned to use Palantir’s software to automate intelligence analysis in criminal investigations, until Khan intervened in late May, sparking a row between the UK’s largest police force and the mayor’s office. Continue reading...
cnbc.com
36-year-old's fitness company was 'a week away' from bankruptcy—now it's valued at $10.1 billion
Whoop was born from founder and CEO Will Ahmed's obsession with tracking his own fitness and recovery as a college athlete.
theguardian.com
UK watchdog to look at Paramount’s $110bn takeover of Warner Bros Discovery
Deal to create a streaming and sports powerhouse will be scrutinised by Competition and Markets AuthorityThe UK competition watchdog has opened an investigation into Paramount Skydance’s $110bn (£82bn) takeover of Warner Bros Discovery (WBD).The deal will create a media powerhouse controlling assets including the Paramount and HBO Max streaming services, Channel 5 and TNT Sports, which broadcasts Champions League, Premier League and the Olympics, the Hollywood studios behind franchises including Superman, Batman and Top Gun, as well as HBO, home to shows including Game of Thrones, The White Lotus and Succession. Continue reading...
cnbc.com
Trump family got about $500M from crypto venture — but investors saw steep losses
Eric Trump and Donald Trump Jr. celebrated a deal with Alt5 Sigma that generated roughly $500 million for the Trump family. The company's shares are down 93%.
cnbc.com
Bitcoin's brutal sell-off sparks a flurry of trading in related stocks, including one big bullish bet
The year has been a rocky one for the flagship cryptocurrency, but traders aren't backing away from the space.
cnbc.com
Asia chip-linked shares recover after U.S. peers bounce back
In the U.S., chip stocks powered gains on Monday, helping the S&P 500 gain 0.3%, while the tech-heavy Nasdaq Composite advanced 0.86%.
cnbc.com
Trump booed before Knicks lose to Spurs at Madison Square Garden in NBA Finals Game 3
Trump's decision to attend Game 3 of the NBA Final was controversial for Knicks fans, some of whom feared he would jinx what has been an epic playoff run.
theguardian.com
Delays from new EU border system may not ‘stabilise’ for two years, official says
Fears that EES checks requiring personal information and biometrics will cause summer of travel chaos in EuropeBusiness live – latest updatesThe new EU border system that has triggered hours-long delays at big airports may not “stabilise” for two years, an official has warned.Uku Särekanno, a director of the EU border agency Frontex, said some member states were “struggling” to adopt the entry/exit system (EES), which requires passengers from non-EU countries to register their personal information and biometrics at the border. Continue reading...
cnbc.com
Vinted boss sees 'fundamental' shift in consumer patterns, as secondhand firm notches $9 billion valuation
Vinted is seeing a structural shift in consumer behaviour as habits form around the resale economy, its marketplace CEO told CNBC.
theguardian.com
Car finance payouts could be delayed by years over legal challenges, says FCA
Complaints-led approach could pile £6bn of extra costs on to lenders, says City watchdogBusiness live – latest updatesThe City watchdog has warned that a wave of legal challenges to the compensation scheme for victims of the motor finance scandal could leave drivers waiting three more years for payouts, while piling £6bn of extra costs on to lenders.Bosses at the Financial Conduct Authority (FCA), who have consistently hit out at lenders and a consumer claims group for challenging its scheme, told MPs the scandal could affect lenders for years, and have “consequences” by stretching its resources. Continue reading...
bbc.com
Final piece of 'iconic' Denby Pottery signed
The firm, founded in 1809, appointed administrators due to rising energy and labour costs.
cnbc.com
The 'SaaSpocalypse' is over, says private equity giant Thoma Bravo. Here's why it sees an AI boom for software
Thoma Bravo founder Orlando Bravo says AI offers an "enormous tailwind" for software companies.
theguardian.com
GSK makes biggest ever acquisition with $10.6bn for US cancer drug firm
Nuvalent’s late-stage lung cancer treatments zidesamtinib and neladalkib are expected to launch later this yearBusiness live – latest updatesGSK’s new boss, Luke Miels, has struck one of the British drugmaker’s biggest deals, announcing the $10.6bn (£7.9bn) acquisition of a US cancer specialist with two late-stage medications.The FTSE 100 company is increasing its oncology portfolio by agreeing to buy Nuvalent, a Boston-based biotech company that develops cancer drugs, including three for lung cancer. GSK will pay $124 a share in cash. Continue reading...
theguardian.com
BT Digital Voice switched off our vital phone line
The line is vital for our elderly relative’s care, but after 20 calls BT seems unable to resolve the problemMy elderly aunt, who lives alone, has been unable to receive incoming calls for more than two months after BT switched her analogue service to Digital Voice.Her care is overseen by a rota of relatives who check on her and arrange medical appointments and in-home help. Continue reading...
theguardian.com
UK regulator orders social media firms to adopt measures to stop viral illegal content
Ofcom move follows concerns about misinformation and online claims over police response to Henry Nowak stabbingSocial media companies have been ordered to have emergency measures in place to stop illegal content going viral, as regulators battle to stop the type of misinformation spiral that circulated after the 2024 summer riots.Sites such as X, formerly Twitter, and TikTok will have to have a “crisis protocol” in place to intervene when the sharing of dangerous content begins to rise. Continue reading...
theguardian.com
Amazon’s main UK arm handed £7.6m tax credit as profits soar to £355m
Tech company received infrastructure relief as its five biggest UK divisions generate £32bn in revenuesAmazon’s main division in the UK was handed a £7.6m tax credit last year by HM Revenue and Customs, despite profits at the retail-to-streaming company surging by more than a quarter to £355m.Amazon UK Services – which employs 66,000 staff, the vast majority of the company’s 75,000 employees in Britain – said it owed £9.1m in “current tax” last year. Continue reading...
cnbc.com
The space race is coming for pharma: Why drug development is heading to lower Earth orbit
Companies see a commercial opportunity in creating new ways to administer drugs to patients – in space.
cnbc.com
Stocks are recovering from a sell-off — but even bullish investors warn of a bumpy ride ahead
Stocks edged higher on Tuesday, marking a tentative recovery from a bout of volatility led by an aggressive sell-off of global technology shares.
theguardian.com
Bank of England warns of AI scams as deepfakes of Farage-Bailey fight spread
Governor urges people to report videos on X that falsely show the men clashing in the Question Time studio The Bank of England has warned the public against falling for AI-generated scams after deepfake videos of Nigel Farage fighting its governor spread online.Andrew Bailey, the head of the BoE, said AI-generated content related to central banks was spreading and urged people to be “vigilant”. Continue reading...
theguardian.com
Think Musk the billionaire was bad? Brace yourself for Musk the trillionaire | Arwa Mahdawi
Becoming the world’s first trillionaire is only going to supercharge this sense of impunity and bring us one step closer to full-blown oligarchy“Whoever said ‘money can’t buy happiness’ really knew what they were talking about,” Elon Musk wrote in February on Twitter/X, the social network he bought for $44bn. He capped the statement with a sad face emoji.Alas, Musk’s information is outdated. A 2024 study found a substantial difference in happiness between the wealthy and people who are low income. “A greater feeling of control over life can explain about 75% of the association between money and happiness,” the study’s author noted.Arwa Mahdawi is a Guardian columnist and the author of Strong Female Lead Continue reading...
cnbc.com
Nuvalent shares surge 39% after UK's GSK agrees to buy the cancer drugmaker for $10.6 billion
The deal comes at a time of biotech dealmaking frenzy, driven by looming patent cliffs, newly buoyant public markets and drugmakers' race to bolster pipelines.
theguardian.com
BYD and Alibaba among big names aiding China’s military, Pentagon says
Updated Pentagon list includes swathe of China’s top technology firms in move that could inflame tensions between the countriesThe US added Chinese e-commerce company Alibaba, internet search provider Baidu and carmaker BYD to a list of companies it believes are aiding Beijing’s military, in a move that could inflame tensions between the countries.The long-awaited update released on Monday supersedes a list from early 2025, and comes less than a month after Donald Trump met China’s Xi Jinping on a visit to Beijing, where the two leaders maintained a delicate trade war truce. Continue reading...
cnbc.com
China's May shipments to U.S. clock 5-year high growth at 35% as overall exports jump on tech boost
Exports to the U.S. surged the most since March 2021, extending a rebound following a long streak of double-digit declines for the most of last year.
theguardian.com
The British food scene was booming. Why has it suddenly gone bust?
Once mocked internationally, the UK became a gastronomic hotspot in recent decades – London was hailed as the foodie capital of the world. Now many Michelin-starred restaurants have closed and the rot is spreadingIt’s 9am on a weekday morning and although I’ve just finished my porridge, the chef Richard Wilkins is making my mouth water. “My signature dish is soft Scottish langoustines wrapped in very thin, crispy pastry, served with Japanese sushi rice and a langoustine bisque.”His other specialities include turbot in a spinach and champagne sauce, buttery wagyu steak with English peas, and raspberry millefeuille. Sadly, I won’t be able to sample any of them and neither will anyone else. At the end of April, Wilkins took the painful decision to close his west London Michelin-listed Restaurant 104 after seven years. Continue reading...
cnbc.com
India's growth story faces its toughest test yet in Modi’s third term
Prime Minister Narendra Modi faces his biggest test as India's appeal as the world's fastest-growing economy dims for global investors.
cnbc.com
Pentagon expands list of China military-linked firms to include Alibaba, Baidu in fresh blow to diplomatic thaw
The Pentagon briefly posted a similar expanded list in February, then withdrew it without explanation before Trump's China trip.
cnbc.com
Indonesia raises rates in surprise move as rupiah lingers near record lows
In a statement, the central bank said this was also a "pre-emptive measure" to maintain inflation within the government's target range of 1.5% to 3.5%.
bbc.com
AI giants' race to raise funds heats up as ChatGPT-owner plans stock market debut
The company behind ChatGPT files its plans one week after Anthropic did the same.
bbc.com
US adds BYD to list of firms with alleged Chinese military ties
The Pentagon list warns US firms of risks linked to working with flagged Chinese companies.
cnbc.com
Electric vehicle giant BYD predicts 80% of China car sales will soon be electric
BYD expects China's competitive electric vehicle market to continue growing, even as manufacturers and analysts anticipate domestic demand to taper further.
cnbc.com
CNBC Daily Open: Hat trick of tech IPOs complete with OpenAI filing
OpenAI confidentially files for IPO, adding to a blockbuster tech line-up as the AI giant joins Anthropic and SpaceX in going to market.
theguardian.com
EU quota system ‘could kill Ukrainian steel industry’, boss says
Protectionist measures will deal blow to country’s budget as it defends itself against Russia, says Metinvest chiefNew EU limits on steel imports could destroy Ukraine’s industry and deal a big blow to the country’s budget as it defends itself against Russia, according to the head of its biggest steelmaker.Yuriy Ryzhenkov, the chief executive of Metinvest, said the new EU quota system due on 1 July could “kill the Ukrainian steel industry”. Continue reading...
cnbc.com
Perplexity plans IPO in 2028 regardless of what happens to Anthropic or OpenAI, CEO tells CNBC
Perplexity CEO Aravind Srinivas' comments come after AI giant Anthropic confidentially filed to go public.
bbc.com
Jersey's youngest ever politician elected at 18
Gabriel Raimondo, who turned 18 shortly before the election, says he is "absolutely ecstatic".
cnbc.com
Iraq and UAE race to establish alternative oil pipelines as exports through Hormuz dry up
Last week, the Iraqi cabinet approved plans to accelerate crude exports through the Kurdistan-Turkey pipeline network.
bbc.com
Russia's fuel crisis intensifies as Ukraine steps up strikes on occupied territories
Kyiv has made it difficult for Moscow to provide military and civilian supplies to the territories it occupies.
bbc.com
SpaceX's stock market blast-off could be Musk's biggest gamble yet
SpaceX is preparing for a stock market debut that could transform the company, the wider market and Elon Musk's fortune.
bbc.com
Could humanoid robots be heading for the battlefield?
Armed forces are experimenting with humanoid robots, but battlefield deployment is some way off.
bbc.com
How driving test booking is changing for learner drivers
From 12 May, only learner drivers can book their own tests, not instructors.
bbc.com
Driving test booking rules tightened after thousands of no shows
Learner drivers can only swap their test to the three centres nearest to their original booking.
theguardian.com
Pilot ‘hyperlocal’ job support scheme in England shows promising signs of effectiveness
Government-funded JobsPlus trial in 10 neighbourhoods could be scalable nationwide, evaluation showsWe would like to hear from young people in the UK about their job-hunting experiencesA government-funded pilot of “hyperlocal” job support in 10 neighbourhoods across England has shown “promising early signs of effectiveness”, including for young people, and could be scalable nationwide, a new evaluation has shown.The JobsPlus scheme, backed by the Department for Work and Pensions (DWP) and the Youth Futures Foundation, an independent non-profit organisation, focuses intensive support in a small area of predominantly social housing. Echoing a similar, long-established scheme in the US, “community champions” at each site help to engage hard-to-reach people in the local area. Continue reading...
cnbc.com
CNBC's The China Connection newsletter: Humanoid robots are great, but they need buyers too
Chinese companies ramp up humanoid robot development and production, often with global aims.
cnbc.com
OpenAI confidentially files for IPO, prepping Wall Street for mega AI debut
OpenAI's confidential filing lands days before SpaceX is set to go public and a week after Anthropic announced its confidential disclosure with the SEC.
theguardian.com
Fighting Amazon made Chris Smalls a celebrity: 'My life changed' – Stateside with Kai and Carter
In 2022, Amazon workers at a fulfillment center in Staten Island made history by voting to form a union. Their leader was fired Amazon worker Chris Smalls, who became something of a celebrity within the labor movement. Smalls left the union amid internal tensions, and has gone on to become a freelance activist since. He speaks with Kai Wright about being arrested while protesting the Jeff Bezos-funded Met Gala, and why courting attention is an effective form of activism. Smalls’ new book When the Revolution Comes is out now. Continue reading...
bbc.com
Stock market jitters remain amid tech fears and renewed Middle East attacks
Markets in Asia are hit by a tech sell-off, and oil is volatile as Iran and Israel launch attacks on each other.
theguardian.com
Israel and Iran trade strikes: what does this mean for peace deal? - The Latest
The Iranian regime has announced the end of attacks against Israel, while the US president has claimed both sides ‘want a ceasefire’. This comes after Iran and Israel attacked each other’s territory for the first time since a fragile ceasefire took effect in April. The Israeli strikes are in apparent defiance of Donald Trump, who told Israel’s prime minister, Benjamin Netanyahu, not to retaliate against Iran, in order to avoid derailing peace talks. Nosheen Iqbal speaks to the Guardian’s senior international correspondent Julian Borger Continue reading...
cnbc.com
Netanyahu says war with Iran, Hezbollah isn't over after Tehran says it's halting strikes
Iran and Israel traded strikes Sunday night for the first time since the U.S. and Iran agreed to a fragile ceasefire in mid-April.
theguardian.com
The Guardian view on children and the internet: rolling back big tech’s untrammelled power | Editorial
A belated change of policy on nude digital images of children must be part of a wider resetAmid the flurry of resignations by ministers who said they had lost confidence in Sir Keir Starmer’s leadership, Jess Phillips’s attack on his record on tech regulation stood out. “Over a year ago I presented solutions, long worked on by brilliant civil servants, that would end the ability for children in the UK to take naked images of themselves,” she wrote. The postponement of an announcement in March left her frustrated. In the end, all that Ms Phillips managed to secure was a pledge that the law might change sometime.Other campaigners echoed her frustration. Hannah Swirsky, head of policy at the Internet Watch Foundation, agreed that the government had been slow to act, despite the rise in offences involving self‑generated explicit imagery.Do you have an opinion on the issues raised in this article? If you would like to submit a response of up to 300 words by email to be considered for publication in our letters section, please click here. Continue reading...
bbc.com
Jailed crypto founder Sam Bankman-Fried seeks Trump pardon
The former leader of crypto platform FTX, currently serving a 25-year sentence, on Monday officially applied to be pardoned.
bbc.com
Lib Dems propose energy price discounts for all households
The party estimates savings of £100-a-year on average for every household under the scheme.
theguardian.com
Nationwide nearly doubles CEO’s pay packet to £4.7m despite bonus row
Debbie Crosbie receives £3.2m in bonuses after mutual building society’s takeover of Virgin MoneyNationwide building society has nearly doubled the pay packet of its chief executive, Debbie Crosbie, a year after the board pushed through a controversial bonus scheme for its top boss. The mutual, which is owned by its members, released its annual report on Monday, showing Crosbie was handed £3.2m in bonuses – a combination of payouts for annual and longer-term performance – up from £1.1m a year earlier.It pushed her overall pay packet to £4.7m for the year to March 2026, marking an 88% jump on the near-£2.5m she earned for the previous year. Continue reading...
bbc.com
Starmer tells Apple and Google to ban nude images on children's phones
Firms will be expected to activate built-in features to stop children accessing sexually explicit images.
bbc.com
From UK athlete to parliament: Serena Guthrie wins senator seat
Serena Guthrie won Commonwealth gold as part of the England netball team in 2018.
theguardian.com
City watchdog sues Neil Woodford for allegedly offering unauthorised investment advice
Move comes months after the FCA announced plans to ban the former investment star from holding senior City roles after collapse of popular equity fundThe UK financial regulator is taking legal action against the former investment star Neil Woodford for allegedly offering unauthorised investment advice online, months after announcing plans to ban him from the City.The Financial Conduct Authority said it was seeking an injunction against Woodford and W4.0, a United Arab Emirates-registered company, to stop them carrying out “potentially unlawful activities”. Continue reading...
cnbc.com
Italian coffee giant Lavazza launches single-serve tablets to make espresso in the U.S.
With Tablì, Lavazza is betting that sustainability is still a top consideration for many coffee drinkers.
cnbc.com
China is helping to cushion global oil prices below $100 — but analysts warn it won’t last
China has reduced oil imports since the start of the Iran war, capping global crude prices.
theguardian.com
Bernie Sanders’ AI sovereign wealth fund plan is good. But we think this is better | Nathan E Sanders and Bruce Schneier
While we do not outright oppose the taking of AI company stock, or of a US a sovereign wealth fund, there are better ways to achieve the senator’s goalsLet no one accuse Bernie Sanders of ducking the big questions. Writing in the New York Times last week, the senator asked: “Will the future of humanity be determined by a handful of billionaires who have promoted and developed AI, with virtually no democratic input, who stand to become even richer and more powerful than they are today?”We agree entirely that this is one of the most potent questions facing global democracy today. Our book, Rewiring Democracy, surveys the emerging uses for and impacts of AI in democracy around the world and reaches the same conclusion: that the most urgent risk posed by AI is the concentration of power, wealth and control among tech oligarchs. Continue reading...
bbc.com
You may be saving for retirement without realising it. Here's how to check
One simple check could ensure you are not missing out on free money which could help in later life.
bbc.com
Widow 'distressed' by firm's nine-month delay to husband's pension
BBC Scotland has heard testimony from people affected by delays in pensions managed by outsourcing firm Capita.
bbc.com
M&S launches new traineeship for 1,000 young people
The scheme aims to tackle the "growing challenge" of young people not in employment, education, or training.
theguardian.com
ScottishPower sent six cheques addressed to my late brother
Bereaved relatives have been bombarded with calls, emails and letters addressed to the deceasedScottishPower sent a debt collection letter to my house demanding £130 owing on my late brother’s gas account. I am his sole executor and had informed it of his death.The company, meanwhile, owed a £430 credit on his electricity account. It eventually paid this with a cheque issued in my late brother’s name, which could not therefore be cashed. Continue reading...
bbc.com
City Airport faces opposition to large jet plans
A committee of the London Assembly wants London City Airport's plans halted due to noise concerns.
bbc.com
'No dead ends': What the Dutch can teach us about tackling youth unemployment
The Netherlands has one of the world's lowest rates of 16 to 24-year-olds not in education, employment or training.
bbc.com
Spain's visitor numbers hit new highs as tourists avoid Middle East
The European country had 9.1 million international visitors in April, the most ever for that month.
bbc.com
How the High Street became a window on our political instability
High Streets have declined in recent years. What does this tell us about the UK?
bbc.com
'We don't look at the sky any more': The Air India crash victims who were not on the plane
A grandfather, a survivor, a witness: one year after the crash, the people on the ground tell their stories.
theguardian.com
Credit cards aren’t evil – if you know how to use them the right way | Gene Marks
Using a credit card is no different than having a drink or two at dinner or a Big Mac once in a while. It’s fine, just don’t overdo itThe percentage of credit card balances that were at least 90 days delinquent rose to 13.12% in the first quarter of this year, according to data released in May by the Federal Reserve Bank of New York. As the Wall Street Journal reported: “That’s the highest level in 15 years, and the most since the period following the 2008 financial crisis.” The report went on to highlight cases of individuals drowning in too much credit card debt.There’s no argument that this is a concern. Delinquent credit card balances are rising. And some people are struggling. But are Visa and Mastercard to blame? Continue reading...
bbc.com
Tata Steel says new £1.25bn furnace may be delayed due to electrical issue
Plans for £1.25bn steel-making furnace may be delayed by electrical connectivity problem, Tata says.
theguardian.com
Rachel Reeves may be unpopular, but she is quietly rebalancing UK plc | Heather Stewart
Policy U-turns could define her stint at No 11 despite many sure-footed advances on devolved spending to help kickstart growthAn air of unreality settled on a Westminster conference room last week, as Rachel Reeves, upbeat in a powder pink power suit, gave a speech about boosting jobs and growth along the “OxCam corridor”.“If we get this right, working together, this corridor will not just compete globally, it will lead globally. We can do that together!” she told the audience of investors, policymakers and entrepreneurs. Continue reading...
theguardian.com
Tax-break trees: how woodland became a store of wealth for the rich
Attempt to turn a stretch of the English-Scottish border into a commercial forest exposes threat to habitats from wealthy investorsOn the English-Scottish border a small species of butterfly, the northern brown argus, has fended off one of the biggest investors in the UK.Todrig, with its heath moorlands and hundreds of species of flora and fauna, represents an investment that could save Britain’s wealthiest families millions of pounds in inheritance tax. Continue reading...
theguardian.com
‘Poisoned’ AI: the ChatGPT shopping scams that lead to fake websites
Buyers are ripped off after assuming online stores were genuine because they are recommended by an AI toolYou want to buy a new bag and so you ask ChatGPT for help. You have always liked Russell & Bromley so you ask ChatGPT what is popular there at the moment.The artificial intelligence (AI) assistant gives you cross body, shoulder, casual and formal options with the prices listed beside them. You click through from the sources to what looks like the official Russell & Bromley site and buy your new bag, which is conveniently on sale. Continue reading...
bbc.com
Cake sheds are making bakers £1,000 a week - but the dream might be over
They may have captured the public's imagination, but are councils coming for the cute cake cupboards?
bbc.com
I was applying for hundreds of jobs - this tip helped me get one
Four people who weren't hearing back from job applications shared what they did differently to secure their first role.
bbc.com
Cosmeticorexia: How girls are falling down a skincare rabbit hole
Fuelled by social media, the market for children's skincare is booming. Experts fear for the long-term impact on girls
bbc.com
Fizzy drink cans recalled as they 'may rupture unexpectedly'
Dalston's Pineapple Soda as asking people to throw away affected cans of its pineapple drink over fears they could cause injury.
theguardian.com
‘Free of the shackles’: Michael Grade’s GB News defence raises concerns over relaxing of Ofcom rules
Former figures at regulator voice disquiet after series of provocative interviews by recently departed chairRegulators are not generally known for courting controversy. When the day job involves making delicate, legally fraught decisions, they tend to be a circumspect bunch.However, since stepping down as chair of Ofcom, one of Britain’s most scrutinised watchdogs, the Conservative peer Michael Grade has been doing his best to buck that stereotype. “I’m free of the shackles,” he recently said. Continue reading...
theguardian.com
UK’s fragile heirloom: ceramics sector calls for more help to save ‘vital industry’
Brands such as Portmeirion in Stoke welcome £120m package but seek further support to avert fresh closuresOn the floor of Portmeirion’s factory in Staffordshire, staff are hard at work as clays are moulded, glazed and fired – an intricate process requiring precision and specialist skills honed over years of practice – to manufacture the company’s array of tableware.Portmeirion, a homeware brand founded in 1960 that employs 433 people, is based in Stoke-on-Trent, at the heart of British ceramics. The centuries-old craft is so integral to the area’s identity that the six federated towns that make up the Staffordshire city are known as the Potteries. Continue reading...
theguardian.com
SpaceX IPO: how can I buy shares, and what are the risks?
Elon Musk firm plans the biggest stock market launch in history – but experts have flagged potential downsidesIt’s being billed as the biggest stock market launch in history. Shares in Elon Musk’s SpaceX are poised to be released on 12 June with a valuation of $135 (£100.84). The company plans to sell 555.6m of them, which means it will raise $75bn from the sale.On Friday, it was reported that up to a quarter of the shares could be reserved for individual investors, rather than funds and banks. This is a bigger share than is typically the case in a large initial public offering (IPO). Continue reading...
theguardian.com
‘We should not have to sacrifice’: New York could become first state to temporarily ban large datacenters
Kristen Gonzalez, a state senator who authored the bill, said moratorium would target ‘hyperscale’ datacenters over 20MWNew York moved closer toward becoming the first US state to enact a moratorium on large datacenters this week. On Thursday, the state legislature approved a one-year ban on the facilities powering the AI boom.The measure now heads to Kathy Hochul, the governor, who will decide whether to sign it into law. The Guardian spoke to a state senator in the wake of the historic vote about authoring the bill and the wider US backlash against datacenters. Continue reading...
theguardian.com
On China, Trump picked the right battle but the wrong strategy
A long trade war looms. Trump’s scattershot protectionism, chaotic tariffs and belligerence against our natural allies guarantees that US trade policy will remain a hot messWe are in for a long trade war.In the months since “Liberation Day” last year, when Donald Trump let loose a volley of tariffs against imports from everywhere, countries have rushed to build new relationships in the hope of maybe circumventing the US to protect the global trading system. Continue reading...
theguardian.com
‘Historic’: Canadian warehouse workers sign first-ever union deal with Walmart
Union says collective agreement is just the start of a broader fight to unionize major employers across the countryCanadian warehouse workers have signed the first-ever collective agreement with Walmart, a breakthrough labour organizers are calling a “historic and powerful step”.But the union says the deal with a corporation long hostile to organized labour is only an opening salvo in a broader fight to unionize major employers across the country. Continue reading...
bbc.co.uk
Consumer Fight Back
A new report says that 3 in 4 people are not saving enough for a moderate retirement.
theguardian.com
Aviation industry looks skywards as leaders fly in for Rio summit
Oil tankers may be stuck behind strait of Hormuz, but holding the Iata AGM in Brazil defies warnings of impending shortagesNothing says jet fuel crisis, as one prospective attender put it, like flying everyone to Rio de Janeiro. Aviation leaders will converge in Brazil this weekend for the Iata AGM, the annual global airline summit, with the industry still, for the most part, looking resolutely skyward.The oil tankers may still be stuck behind the strait of Hormuz as the conflict between the US, Israel and Iran flickers on, but for now, airlines continue to defy dire warnings of impending shortages which had stoked fears of a summer of chaos for European holidaymakers. Continue reading...
theguardian.com
Blackouts, hyperinflation, dissent: Iran considers perilous prospect of peace
Conditions that led to bloody prewar protests have been made worse, commentators say Iran is already preparing for the perilous transition from wartime unity to a fractious peace marked by hyperinflation, a 10% contraction in the economy, power cuts and calls for a triumphalist government to end its unprecedented hunting down of dissent.With peace not yet secured, the debates within the regime about Iran’s future are only just starting to emerge but its rulers are clearly thinking about how after surviving the war, they can survive the peace. Continue reading...
bbc.com
Advice service demand rises amid housing crisis
Citizens Advice Guernsey says housing and cost of living pressures have increased demand.
theguardian.com
‘I’m down to one option’: bank customers left frustrated by latest closures
Apps intended to replace branches have been hit by outages, as a poll finds most Britons want high street servicesWith its windows blanked out, a poster pinned to the door of the Staines branch of Lloyds Bank tells its customers they can do their “everyday banking with our mobile banking app”.But not today. On Wednesday, when the Guardian visited Staines, they wouldn’t have got very far because the Lloyds group was battling an IT outage that left thousands of its customers unable to make payments or send money. Continue reading...
bbc.com
US stocks slump as fears over Big Tech shake Wall Street
The Nasdaq saw its biggest daily fall since early 2025.
bbc.co.uk
Free Thinking
Can the accumulation of wealth be ethical and what can we learn from Adam Smith's enquiry?
bbc.com
Trump to meet AI leaders to discuss US investment in their companies
The US president said on Friday he expects to meet the leaders of top AI companies next week.
theguardian.com
Outrage in Albania over Kushner-Trump $1.6bn luxury resort – The Latest
Thousands have protested in the streets of the Albanian capital, Tirana, this week against a planned luxury resort backed by Donald Trump’s son-in-law Jared Kushner.Groundwork has begun on the $1.6bn complex in an area long seen as one of the Mediterranean’s most environmentally sensitive, containing 200 species of birds including flamingos and Dalmatian pelicans.After builders began erecting a concrete-based, barbed wire-topped fence around the site, alarm turned to public outrage at the environmental damage and lack of political transparency around the deal.Lucy Hough speaks to US live news editor Chris Michael – watch on YouTube Continue reading...
bbc.com
Is there an AI stock market bubble, and is it ready to burst?
Despite the Iran war, inflation and debt fears, US markets keep hitting record highs, fueled largely by AI. BBC's Samira Hussain looks into whether that bubble will burst.
bbc.com
Who can buy shares in Elon Musk's SpaceX?
From next week individual investors can take a stake in Musk's rockets-to-AI company.
theguardian.com
Average person eats six times more chicken than in 1961, UN report finds
UN report says global meat supply has risen fourfold in last 60 years and is expected to keep risingAnalysis: Ingredients in place for shift to plant-based diets but meat still dominatesThe average person eats about six times as much chicken and twice as much pork as their grandparents’ generation did, data from a UN report suggests, with global meat supply having risen fourfold in the last 60 years and expected to keep rising.The supply of poultry rose from below 3kg a person in 1961 to 17kg in 2022, according to data from the Food and Agriculture Organization (FAO). Pork supply doubled to 15kg a person over the same period, while beef, the most polluting food, stayed steady at 9kg. Continue reading...
bbc.com
We need to stop AI developing without humans, says Anthropic co-founder
Jack Clark tells BBC's Newsnight AI could get to the point where it develops without human input.
theguardian.com
Homes for sale with water views in England and Scotland – in pictures
From a London houseboat with views of the River Thames to a property by a loch in the Inner Hebrides Continue reading...
bbc.com
The ancient trick making food waste useful and tasty
Instead of throwing away byproducts of food processing, fermentation is making them valuable.
bbc.com
Hinge boss on her green and red flags in life
Jackie Jantos, CEO of Hinge, shares her daily habits and tips for success in dating and in life.
bbc.co.uk
Witness History
How mass student demonstrations in May 1989 led to bloodshed in Beijing
bbc.com
'By the grace of God': Miners dig on as lab-grown diamonds change market
The rising popularity of lab-grown diamonds heaps pressure on those hunting for the natural gems.
bbc.com
How 'confused' AI rollout hurts firms and baffles staff
Some firms are putting pressure on staff to use AI, but have not thought through their AI rollout.
theguardian.com
French navy boards Russia-linked oil tanker in Atlantic – video
France has released footage that appears to show French naval commandos boarding a ship suspected of being part of Russia's 'shadow fleet' and subject to international sanctions. The French president, Emmanuel Macron, said the operation took place on the tanker, named the Tagor, with support of the UK and in strict compliance with the law of the sea. The French navy confirmed the interception occurred on SundayMacron says French navy has boarded Russia-linked oil tanker in Atlantic Continue reading...
bbc.com
Caribbean hot sauce producers warn of shortages and higher prices
Manufacturers in Jamaica say the key chilli peppers they need are in limited supply.
bbc.com
Humanoid robots 'the future' of car making, says BMW
BMW is introducing humanoid robots to a car plant in Europe, building on similar projects in the US.
bbc.com
The £5 coffee that tells a story of global economic turmoil
Coffees at some city centre outlets now cost £5. It's a story of tariffs, the climate, Gen Z cultural tastes, and savvy coffee farmers playing the market, writes Faisal Islam
bbc.com
Is 'out of control' US tipping culture spreading overseas?
With US waiting staff getting cross at receiving less than 20%, tips are also on the rise elsewhere.
bbc.com
The rise of the fruit that tastes like custard
Custard apple plants are prized for their hardiness but exporting their delicate fruit is difficult.
bbc.com
Morocco wants tourists to visit Western Sahara. Some say it's tightening its control
The Moroccan government wants more Western holidaymakers to visit the territory it claims to own.
bbc.com
'Six eggs used to be £1' - why everyday essentials cost so much more now
Six supermarket brand eggs cost £1 in 2022. How much are they now, why have they gone up, and is anyone profiteering?
bbc.com
Love factually: Dating start-ups promise to cut the cheats
Frustration with fake dating profiles has spurred new dating services with different approaches.
bbc.com
The fight against foreign developers buying Caribbean beaches
Campaigners in Barbuda, Grenada and Jamaica say they can no longer access their coastlines.
bbc.com
Robo-top: The machines that could make your next t-shirt
Most clothes are made in Asia, but new machines could bring some of that work back to the West.
bbc.com
Why does Amazon have no Western rivals?
The internet giant dwarfs other online retailers on both sides of the Atlantic.
bbc.com
The threat to summer holidays looming from jet fuel shortages
What impact might shortages have on our summer holidays - and what could be done about it?
bbc.com
Scammers are becoming ever more sophisticated - this is what the fightback looks like
Scams have exploded over the last few years. Can countries and companies come together to turn the tables on the scammers?
bbc.com
The £5.30 orange juice that tells the story of why supermarket prices are sky high
Butter, chocolate, coffee and milk have all seen prices rocket. Tracing back through the story of one particular supermarket staple begins to explain why
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